On July 16, Coffee Day Enterprises shares hit the 10% upper circuit for the second consecutive day, while 20 Microns surged over 8%, following a major trigger — veteran investor Dolly Khanna bought stakes in both companies.
As per the latest shareholding pattern for the April–June quarter, Dolly Khanna held 32.78 lakh shares in Coffee Day Enterprises, amounting to a 1.55% stake in the company that owns the popular Café Coffee Day chain.
This investor interest has sparked strong bullish sentiment, sending Coffee Day shares soaring to ₹39.86 apiece.
Meanwhile, 20 Microns was seen trading at ₹243 per share, gaining solid traction from investors as news of Khanna’s entry spread through the markets.
A Known Name in the Market
Dolly Khanna, based in Chennai, is renowned for identifying high-potential small and mid-cap stocks that often go on to deliver multibagger returns. Her portfolio, closely followed by retail investors, is managed by her husband Rajiv Khanna.
The market sees Dolly Khanna’s investments as a strong signal of potential long-term value, especially in under-the-radar or turnaround stories.
Stock Performance So Far
In 2025 so far, Coffee Day shares have skyrocketed over 68%, riding on strong investor interest and turnaround hopes. 20 Microns, though more muted, has also seen a positive uptick of over 2% this year before today’s 8% rally.
What’s Driving the Rally?
The rally in both stocks is driven purely by investor sentiment and the Khannas’ entry into the shareholding lists. With no other major news from either company, the surge reflects the trust retail and institutional investors place in Dolly Khanna’s picks.
